A Case Analysis Submitted to the Faculty of the Graduate School of the AMA Online University In Partial Fulfillment of the requirement for the Degree of Master in Business Administration PATRICIA NADINE I. RIVERA, MBA STUDENT Table of Contents Page TITLE PAGE................................................................................................................... 1 I. INTRODUCTION/BACKGROUND............................................................................ 3 II. POINT OF VIEW....................................................................................................... 4 III. TIME CONTEXT....................................................................................................... 5 IV. STATEMENT OF THE PROBLEM............................................................................ 5 V. STATEMENT OF THE OBJECTIVES.......................................................................... 6 VI. AREAS OF CONSIDERATION (S.W.O.T)................................................................ 7 VI. ALTERNATIVE COURSES OF ACTION................................................................... 8 VIII. STRATEGY FORMULATION................................................................................. 9 IX. ACTION PLAN/PROGRAMS................................................................................ 11 X. CONCLUSIONS...................................................................................................... 13 XI. ATTACHMENT...................................................................................................... 14 1. INTRODUCTION/BACKGROUND Operations management is a process that usually plans, controls, and controls the production and manufacturing processes and the provision of services. Operations management is important in business organizations because it helps manage, control, and control goods, services, and people effectively. Operational management includes all branches and branches as far as possible. OM has uses in any business, although some may not be obvious. In the health sector, operations management ensures that the right health services are provided with the right tools at the right time. It also helps people such as nurses, doctors, surgeons, and other health professionals to provide timely services. When something disappears, the technical and understanding person knows what to blame. To become a successful manufacturing company or manufacturing company, OM is the basic unit that must be endured first. Take, for example, an oil and gas company, the product is sent to the tank to make it available to many customers. OM handles product delivery efficiently and plans and plans what and how to do it. With OM, people achieve more and productivity increases. Operations management is widespread regardless of company size or activity. 1. POINT OF VIEW 1. TIME CONTEXT (if any) 1. STATEMENT OF THE PROBLEM As customer expectations grow and resource supplies diminish, operations management becomes increasingly important for business success and profitability. Effective and precise business management brings greater accountability and accuracy, which enables the successful delivery of goods and services. Although operations management is very supportive of production facilities, there are still some challenges that operations managers face daily. The operational management area is challenging and requires a thorough understanding of business processes so that operational managers can add value to their customers. Globalization Sustainability Effective Communication Ethical Conduct 1. STATEMENT OF THE OBJECTIVES This article provides new insights into the challenging operational management context. Advances in theory and methodology paved the way for an understanding of the complexities of operations caused by rapid changes in operations. The author discusses theory and method, covering a variety of dynamic models and empirical methods that take into account the interdisciplinary nature of modern operating systems and the complex nonlinear dynamics that the system will produce. The author acknowledges the pioneering work of Forrester (1958) and Holt et al. (1960). These innovators realized the importance of maintaining the main processes in the organization such as Page 2|5 production and supply chain management of other internal and external organizational functions such as customers, suppliers, employees, competitors, financial markets, and others. The author discusses Forrester's insights into the use of management theory and the explanation of industrial problems. This article highlights relevant developments in systems dynamics and empirical research in operational management, with an emphasis on enhancing the alignment and complementarity that can lead to the mutual benefit of new research. 1. AREAS OF CONSIDERATION (S.W.O.T) The strength of SD is the fact that it recognizes the complexity of the continuous system and integrates it into a model. This systemic approach is an important step in looking at sustainability holistically. This holistic view ensures the integration of ecological, social, and economic aspects as well as interdependence with other systems (for example, the interdependence between communication and energy systems). The drawback of this model is that trying to model such a complex system can be a very challenging task. In these systems, defining each component or subsystem can take a long time. Some of the problems that can arise are data availability, system understanding, and system uncertainty. One of the most important points is understanding the system and all the subsystems that interact with it. To solve this problem, interdisciplinary teams need to work together to develop models of this type. VII. ALTERNATIVE ACTION COURSES The focus is on identifying the different methods in the elements of the Board of Directors Attention to a better understanding of the various concepts contained in OM. There is a model committed to better explaining the complexity of research. Basic requirements for this action begin with understanding the structural underpinnings of the system. It is mentioned that the behavioral system is derived from its structure, consisting of feedback loops, stock and flow, and nonlinearity which arises as a result of the physical; and institutional structures Systems as shown by the processes and people involved. To break components, Physical structure refers to the flow of goods, people, material, and monetary information inherent in the system. The decision-making process is also related to participant behavior in the system. However, the behavioral component of this model focuses on how people act to respond to various situations or scenarios used to predict production problems. Critical situation requirements and values for system operation. The solution The participant component, especially the decision-maker, and how realistic this is to have a stable process that identifies not only with emotions and stress factors but also with those factors which affects the performance of the actors or employees involved. Also, the SD model must determine how stable the system is and when The expected results were unexpected. This approach corrects imbalances Page 3|5 in the process. This imbalance creates an atmosphere of that imbalance Change your system. As already mentioned: "If the negative feedback is strong and fast, The system can be quickly balanced. "Then we just realized it Situations that may deviate from the goals set. In this context it is balance The new properties of dynamic systems are not the only assumptions made by anyone. VIII STRATEGY FORMULATION The authors begin by introducing the traditional approaches of the pioneering researchers Forrester and Holt et al. gain an understanding of context based on dynamic modeling. This paper goes beyond the traditional feedback controls that pioneering researchers offer to address governance challenges. Using various theories from various scholars to support his claim that critical and behavioral management models should be considered in addressing emerging challenges in management, he found that collaboration between these models and system dynamics is essential for effective operating system modeling required concerning supply chain management. , project management and personnel, process management, and improvement. IX. ACTION PLAN / PROGRAM There are many new theories and models of SD and OM to address the challenges of modern governance. The bottom line is that the static analysis used previously may have helped figure out what worked for certain functions such as supply chain management, project and people management, process management, and improvement. The above principles and methodological models pay more attention to the theory-based process development that integrates the physical and institutional structures of the operating system and rules for the behavioral decisions of the participants in these systems and adopts the system dynamics elements mentioned above. X. CONCLUSION The author defines methodological elements of system dynamics, such as B. a representation of the structural behavior of the system. This requires models that can mimic actual decision-maker behavior and that decision rules are globally stable so that simulations behave realistically for past and future conditions and circumstances. Second, SD models have been created to capture imbalances, particularly the processes decision-makers use to respond to imbalance situations. Third, SD must recognize the broad model boundaries that allow the distal and delayed effects of certain decisions to be taken into account. Finally, the SD model was developed and tested using a solid methodology, including ethnographic work to develop theory, experimental research, formal econometric estimation of model parameters, and other statistical tests. This is to effectively capture the interactions between system elements as they exist in the real world and will therefore produce a model that reflects operational thinking. This study predicts that OM scientists will expand the constraints of their model to include broader behavioral decisions, dynamics, and model constraints such as B. The number of decision-makers and organizations and performance criteria may differ from profit maximization. XI. ATTACHMENT https://exeedcollege.com/blog/importance-of-operations-management-in-business-organizations/ Page 4|5 https://blogs.lt.vt.edu/nieves/2015/10/13/strengths-and-weaknesses-of-a-system-dynamicsapproach-for-sustainability-and-resilience/ Page 5|5